5 affordable coins worth following: market opportunities after the Hong Kong Web3 conference

The Hong Kong Web3 festival is on fire, and Bitcoin is also To da moon. As the city ramps up its status as a “encryption hub” (I heard they even invited Catherine Wood), more and more institutions are starting to establish a presence here. The market's recovery momentum is indeed good, with both retail investors and institutions looking for opportunities to enter a position.

The key is how to find it? Many people only look at the price, but in fact, you need to look at the project itself - its use, partnerships, and any recent developments. Today, let's take a look at 5 coins with a low market capitalization, priced under 1 dollar, but have had some recent activity.

EOS: Ecological Update Brings New Gameplay

EOS is an established L1, and recently they introduced something called Wrapped RAM (WRAM) — in simple terms, it's about tokenizing RAM resources. What's interesting about this thing? 1:1 pegged, zero transaction fees, and it allows cross-chain transactions. This move is clearly aimed at attracting more developers and capital to use EOS.

From the data, EOS is currently at $0.87, having increased by 10% in the last 24 hours and 13% over the week. The 30-day volatility is 14%, and the trading pair benchmark is not too large, indicating that liquidity is still acceptable (volume/market cap=0.7920). If this wave of WRAM can be listed on major DEXs, there may still be room for imagination.

Mega Dice (DICE): A New Star of GameFi in the Solana Ecosystem

This is a gambling platform built on Solana where you can play and earn. The recent presale has been a bit outrageous - it raised 1.2 million USD in a short time. The current price of DICE is 0.075 USD, and there are still 2 million USD left in the presale before the price increases.

The project team's allocation method seems quite thoughtful: 35% for pre-sale, 15% airdrop to players, 15% liquidity, 15% exchange, 10% staking rewards, and 10% marketing. They plan to launch on DEX after the pre-sale ends. The biggest fear for new GameFi projects is the lack of a player base, but the Solana ecosystem is indeed quite hot right now, so it’s worth paying attention to.

Hedera (HBAR): Signal of BlackRock's Entry

This is interesting - BlackRock (the largest asset management company in the world, without exception) announced that they will tokenize their US Treasury bond fund on Hedera. This is no small matter, it means that traditional finance is beginning to recognize the technological level of this chain.

HBAR is now $0.1159, up 9.37% for the day. It has an annual increase of 89.71%. Although it has come down from its high, the news from BlackRock indicates that institutional-level applications are advancing. Analysts predict it may test $0.15 in the short term. The market sentiment indicator shows a greed index of 71, and the market is generally optimistic. It is worth adding to the watchlist.

Ethena (ENA): Opportunity for a Bottom Bounce?

ENA fell significantly last month, dropping over 45% at one point. However, recently, large investors have been accumulating — a major investor bought 6.26 million ENA (worth 5.3 million USD). This timing may indicate something.

ENA is now at $0.8312, having rebounded 14% from its lows. From the Fibonacci retracement perspective, it is at the 38% level, and the technical indicators seem to show some signals. Analysts believe that if it breaks through $0.92, it could potentially surge towards $1.2. ENA has risen 30% this year; although it has been quite volatile, there are signs of recovery.

Gala (GALA): “Game First” Web3 Gaming Platform

The core concept of Gala is to allow players to truly own their game assets - using NFTs, token rewards, and blockchain to solve the old problems of traditional games. The project's team consists of a group of experienced game developers, not a team focused solely on speculation.

GALA is now $0.04121, up 3.85% weekly and 54% annually (compared to the same period last year). The trading volume is decent, above the 200-day moving average. Although Web3 games have cooled down in the past two years, the infrastructure is improving. If the popularity of these games rises again, this type of token may see some momentum.

Overall

In this round of market recovery, some cheap coins are indeed making progress: EOS is upgrading its ecosystem, Hedera is connecting with institutional finance, and Gala is committed to gaming. Of course, there are risks as well—small market capitalization, high volatility, and whether the project teams can actually deliver is a question mark.

The focus is not on “having to buy these few”, but on learning to analyze the project's fundamentals, on-chain data, and collaboration dynamics. The dividing line between good coins and junk coins lies here.